But India is struggling so badly with developing because for all practical purposes it already is an empire, the place has 21 official languages FFS, and slightly less than half consider Hindi their first language.
That's the thing, it won't.
India is essentially a Hindu version of the EU and/or Austria-Hungary. It's pretty cool when you think about it. I just wish that India was much richer.
Voluntary eugenics for the win! In any case, you shouldn't be stingy about taking the Third World's smartest people since if you won't, then Canada, Australia, the UK, et cetera will, so the Third World itself won't actually benefit from this. In order for this to actually work, you'd need ALL developed countries to stop doing this, and countries like Canada won't because they care much more about their own country than they do about other countries.